Stifel Nicolaus analyst Nathan Jones maintained a Buy rating on Zurn Water Solutions (ZWS – Research Report) yesterday and set a price target of $32.00. The company’s shares closed yesterday at $30.64.
According to TipRanks, Jones is a 5-star analyst with an average return of 14.6% and a 63.49% success rate. Jones covers the Industrials sector, focusing on stocks such as Helios Technologies, Pentair, and Badger Meter.
In addition to Stifel Nicolaus, Zurn Water Solutions also received a Buy from Goldman Sachs’s Jerry Revich in a report issued yesterday. However, on July 25, Robert W. Baird maintained a Hold rating on Zurn Water Solutions (NYSE: ZWS).
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Based on Zurn Water Solutions’ latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $403.2 million and a net profit of $34.6 million. In comparison, last year the company earned a revenue of $284.2 million and had a net profit of $36.4 million
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Rexnord Corp. engages in the manufacture of engineered power transmission, aerospace, and other precision motion technology products. It operates through the Process and Motion Control, and Water Management segments. The Process and Motion Control segment designs, manufactures and markets engineered mechanical components such as gears, couplings, industrial, aerospace bearings, and seals which are used within complex systems. The Water Management segment designs, procures, manufactures and markets products for water quality, safety, flow control enhancements, and conservation. The company was founded by Christopher W. Levalley, F. W. Sivyer and W. A. Draves in 1891 and is headquartered in Milwaukee, WI.
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